Round Ups
Though ID has been stocked full of earnings reports for publicly-traded industrial distributors and suppliers over the past few weeks, it was an article about recruiting strategy that led content over the past week. ID's conversation with ISA president/...
4.28.2017
10:29am
News
Specialty process flow control products distributor FCX Performance has announced four executive appointments to manage the company's growing workforce of more than 800 employees as it prepares for further expansion.
by FCX Performance
4.28.2017
9:54am
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Nearly two months after initially announcing they were in negotiation talks, Lincoln Electric and Air Liquide each announced Thursday that the companies have reached an agreement for Lincoln Electric to acquire subsidiary Air Liquide Welding for...
4.28.2017
9:37am
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Ohio Transmission Corp. — No. 36 on ID's Big 50 List — expands to 29 locations nationwide with the addition of Tri-Power, which distributes automation, electrical, power transmission, motion control and safety products from its single location in Akron,...
by Ohio Transmission Corp.
4.28.2017
9:30am
Round Ups
We're in another quarterly earnings report season, with many well-known industrial distributors and suppliers sharing their latest fiscal results. Here's how the most recent quarter fared for Parker Hannifin, Timken, Ingersoll-Rand, SKF, Praxair,...
4.27.2017
5:09pm
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The vast majority of Air Liquide's large sales increase was due to its 2016 acquisition of Airgas, which boosted sales in the group's Gas & Services sales by 42.3 percent.
4.27.2017
10:25am
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WESCO International posted flat Q1 sales on Thursday and a modest profit increase, while its Industrial unit recorded year-over-year organic sales growth after eight consecutive quarters of decline.
4.27.2017
10:04am
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Following a flat Q2, Applied's Q3 had considerable year-over-year increases in both sales and profit, with organic sales up six percent.
4.27.2017
10:02am
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WINA said that in three years it has doubled in size to nearly $700 million in annual sales, and that the Würth Group posted March group records for monthly sales of and operating profit.
4.27.2017
10:01am
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The Trump administration on Wednesday outlined what proponents hope will be the first overhaul of the nation's tax code in more than three decades.
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4.27.2017
9:58am
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As the winner of the Industrial Supply Association's $10,000 Gary L. Buffington Scholarship winner, to say Rachel Larson has a lot going on as a college student these days would be a major understatement.
4.26.2017
9:00am
News
Kennametal sales and profits had a considerable growth in Q3, with the company saying most of the improvement was driven by organic growth as the effects of its recent cost-cutting initiatives are yet to be really felt over the next two to three years.
4.26.2017
9:00am
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U.S. industrial markets absorbed 53.8 million square feet of space in the first quarter of 2017, well above the quarterly absorption average of 49.3 million witnessed during the current economic expansion and significantly higher than the average...
by Cushman & Wakefield
4.26.2017
9:00am
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KMG, a global provider of specialty chemicals, announced late Monday that it has signed a definitive agreement to acquire Flowchem, a manufacturer of pipeline performance products, from Arsenal Capital Partners, for $495 million.
by KMG
4.25.2017
10:47pm
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ABB and IBM on Tuesday announced a strategic collaboration that brings together ABB’s digital offering — ABB Ability — with IBM Watson Internet of Things cognitive capabilities to unlock new value for customers in utilities, industry, transport and...
by ABB
4.25.2017
3:42pm
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ID editor Mike Hockett chatted with ISA president Ed Gerber Saturday 1-on-1 at the Industrial Supply Association annual convention in Denver. See what Gerber had to say about the group's new direction and upcoming website launch.
4.25.2017
10:46am
News
LA-CO Industries has agreed in principle to acquire the J.P. Nissen Company, a manufacturer of industrial marking products for the welding, fabrication and construction markets. 
by LA-CO
4.25.2017
10:33am
Round Ups
Here's how the most recent quarter fared for 3M, Anixter International, Sandvik and Illinois Tools Works, with everyone reporting solid year-over-year increases in sales and profit.
4.25.2017
10:15am
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Industry Brief
Swift Industrial Power announced Monday the promotion of Brent Behrens to territory manager for the north Florida area.
by Swift Industrial Power
4.25.2017
9:30am
Article
While there are obvious advantages to supporting your customers’ buying process through technology, there are also some very specific risks associated with relying too heavily on digital purchasing solutions.Here are 3 ways to maintain a customer focus...
by Lisa Rose
4.24.2017
9:00am
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Elite Supply Source, a certified small business in Rancho Cordova, CA and Grainger Distributor Alliance partner, developed a trade program to help inmates at San Quentin State Prison learn what it takes to be successful on the outside.
by Grainger
4.24.2017
9:00am
Product Announcement
The Positector SST Soluble Salt Tester, from DeFelco, measures the concentration of soluble salts (salt contamination) on metal surfaces in accordance with ISO 8502-6, 8502-9
4.24.2017
8:57am
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Germany-based Rhodius' U.S. subsidiary has acquired the Rhodius-branded business of former exclusive importer Sundisc Abrasives. The company says it will now focus on U.S. welding and industrial supply distributors.
by Rhodius
4.23.2017
8:31pm
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The price of oil took a sharp dive last week, falling nearly $4 while the U.S. added another 10 total oil and gas rigs. Meanwhile, Canada's declining rig count fell to under 100.
4.21.2017
4:00pm
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Adding more than 2,500 full-time jobs across new sites in Cranbury Township, Edison and Logan Township, Amazon’s fulfillment footprint in New Jersey grows to 10 facilities.
by Amazon
4.21.2017
3:59pm
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Federal investigators believe that an overheated pump triggered a fatal explosion at an Airgas facility in Florida last summer, according to a 146-page report released by the U.S. Chemical Safety Board.
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4.21.2017
10:57am
Round Ups
We're in another quarterly earnings reporting period, with this one much more positive overall than any of 2016. Big 50 distributors Grainger, Fastenal, Motion Industries, EIS and Motion Industries have reported their fiscals in the past two weeks, with...
4.21.2017
10:33am
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In honor of Earth Day, April 22, supply chain management provider AFFLINK offers suggestions on how distributors and suppliers can become more environmentally responsible.
by AFFLINK
4.21.2017
9:17am
Article
ID recently spoke with Larry Basel, vice president of professional staffing firm Ajilon, about how distribution/manufacturing recruitment strategies have evolved in recent years and things these companies should keep in mind when looking for new talent.
4.21.2017
9:17am
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Round Ups
We're in another quarterly earnings report season, with many well-known industrial distributors and manufacturers sharing their latest fiscal results. Here's how the most recent quarter fared for Lawson Products, Lincoln Electric and Snap-on.
4.20.2017
10:49am
News
President Donald Trump visit Snap-on's Kenosha, WI headquarters Tuesday, turning back to his key election message of "Buy American and Hire American." On Thursday, Snap-on posted a from message chairman and CEO Nick Pinchuk regarding Trump's visit and...
4.20.2017
9:56am
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Too many salespeople either ignore or are unclear about their customer’s buying process. If salespeople don’t cater to or understand the buyer’s process, they also don’t understand the buyer’s needs throughout their process. Paul Reilly explains.
by Paul Reilly
4.20.2017
9:12am
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The new company will operate as a separate and wholly-owned subsidiary of Dallas, TX-based Purvis Industries under the name KMEC Engineering and Conveying Systems from its current location and with its current leadership.
by Purvis Industries
4.19.2017
5:16pm
Industry Brief
Buford, GA-based Georgia Tool & Abrasives offers a broad range of industrial supplies, including cutting tools, band saw blades, abrasives, safety supplies, MRO supplies, CNC tooling and welding supplies.
by IBC
4.19.2017
3:18pm
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In these latest ID Quick Hits, editor Mike Hockett discusses Grainger's Q1 earnings report, in which the company said it is accelerating its planned strategic pricing actions, while Fastenal's Q1 report showed solid sales growth and vending expansion.
4.19.2017
12:04pm
News
Advanced parcel sortation systems engineering and equipment supplier Material Handling Systems has agreed to be acquired by private equity firm Thomas H. Lee Partners, which commented on its plans to invest in MHS' expansion.
by Material Handling Systems
4.19.2017
11:07am
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Forklift brand Toyota Industrial Equipment Manufacturing plans to expand its North American headquarters in Columbus, IN, adding 150,000 square feet in a $17.5 million investment.
by Toyota Industrial Equipment
4.19.2017
10:29am
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GPC's subsidiaries Motion Industries and EIS Inc. — Nos. 8 and 22 on ID's Big 50 List — both saw healthy year-over-year sales gains in Q1, while GPC announced an acquisition for its automotive business.
4.19.2017
10:00am
News
Thirty-year Avnet veteran Phillip Gallagher returns to the company after departing in 2014 and will now oversee the company's core distribution business, as well as its supplier relationships, global procurement and supply chain solutions business.
by Avnet
4.18.2017
5:11pm
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